NYSEARCA:XOP

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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Stocks in the nation's Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter
Traders are grappling with huge swings in oil prices against a backdrop of conflicting rhetoric from Washington and Tehran. The U.S. and Iran exchanged retaliatory strikes this week, despite oil marke
The global oil benchmark Brent Crude futures soared above $98 per barrel early on Thursday after reports of the attacks emerged, after having dropped to $94 a day earlier on hopes of a quick deal to r
West Texas Intermediate and Brent crude's front-month contracts both climbed after the U.S. launched a new set of strikes on an Iranian military site.
The U.S. launched fresh strikes against Iran while both sides continue to work toward a peace agreement.

Crude jumps after Iranian strike on Kuwait

04:02am, Thursday, 28'th May 2026
Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control stat
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas maintains bul
Oil prices rebound as fresh U.S. strikes on Iran revive supply-risk concerns, while falling U.S. inventories and bullish WTI and Brent structures keep the broader trend supported.

Oil Jumps as Gulf Attacks Threaten Ceasefire

02:05am, Thursday, 28'th May 2026
Oil spiked after renewed attacks in the Persian Gulf and a fresh push by the US to hurt Iran with sanctions. The conflict in the Middle East has choked off vital energy flows, with millions of barrels
Former U.S. Energy Secretary Dan Brouillette assesses the economic strain Americans are experiencing under the closure of the Strait of Hormuz on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #n
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are ​heading for India and China, shipping data fr

Oil Gains on Possible Technical Correction

08:55pm, Wednesday, 27'th May 2026
Oil gained in early Asian trade on a possible technical correction after settling lower on Wednesday.

Review & Preview: Oil Retreats

07:55pm, Wednesday, 27'th May 2026
The Dow Jones Industrial Average and the Nasdaq Composite both closed at record highs on Wednesday.

Oil rebounds after US strikes Iran military site

07:34pm, Wednesday, 27'th May 2026
U.S. crude futures ​rose more ‌than $1 on Thursday to above $90 ​a barrel ​after the U.S. ⁠military carried out ​new strikes on ​an Iranian military site while peace ​talks between ​
Rubio wrapped a four-day India visit pushing American oil and gas exports as the Iran war disrupts global energy markets and New Delhi seeks to diversify its supply chains.
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